Summer Rest Foundation

RALEIGH, NC EIN: 56-6534008

Summer Rest Foundation is a private 501(c)(3) foundation based in Raleigh, North Carolina. Established in 1999, it operates as a grantmaking organization with limited staffing and a board-driven governance structure.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.8M

+4.0% YoY

Annual Giving

$475K

-16.8% YoY

Grant Count

16

+6.7% YoY

Avg Grant Size

$30K

-22.0% YoY

Under IRS private-foundation payout rules, Summer Rest Foundation reported a distributable amount of $468K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not have a publicly stated mission statement on file. However, based on its grantmaking activity, Summer Rest Foundation supports organizations in the following areas:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Nonprofit support

The foundation also administers specialized grant programs including the Danny Lotz Scholarship Fund, which focuses on youth education and scholarships.

Grantmaking

The foundation operates on a "preselected only" basis, indicating that it does not accept unsolicited grant applications.

Grant Range

$2,000–$200,000

Average Grant

amount varies by program

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in North Carolina, Pennsylvania, and the District of Columbia.

Grant Distribution by State

5states

Cities

AlpharettaAtlantaBooneCaryColorado SpringsDurhamGreensboroGreenvilleLake WaccamawLancasterOxfordRaleighWake ForestWashingtonWilmingtonWinstonsalemWrightsville Beach

Financial History

Multi-year comparison from IRS filings

Most Recent Data (2024):

  • Total Assets: $7.7–$11 million
  • Total Annual Giving: $474,963–$572,806
  • Total Revenue: $724,766
  • Total Expenses: $644,203
  • Giving Rate: 7.7%

The foundation ranks in the top 10% of foundations by asset size nationally.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$256K$513K$769K$1M20202021202220232024
Metric202420232022
Total Assets$7,771,233$7,469,573$7,387,410
Revenue$932,215$724,766$82,377
Expenses$563,714$644,203$577,580
Qualifying Distributions$477,713$572,806$529,367
Net Investment Income$684,848$664,465$99,257
Distributable Amount$468,467$420,172$463,265

Giving Over Time

Total grant dollars and number of grants per year

$0$143K$285K$428K$571K34 grants202025 grants202118 grants202215 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

RALEIGH RESCUE MISSION$100KBOYS AND GIRLS CLUBS OF …$75KWRIGHTSVILLE UNITED METH…$56KNATIONAL CHRISTIAN FOUND…$40KFELLOWSHIP OF CHRISTIAN …$33KINSTITUTE FOR FAITH AND …$30KPORT CITY COMMUNITY CHURCH$30KHOPE INTERNATIONAL$30KSAMARITANS PURSE$20KFOUNDATION OF HOPE$10K

Grant Size Distribution

108 grants across all recorded years

96<$50K7$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Raleigh Rescue Mission ($100,000), Boys and Girls Clubs of Wake County ($75,000), Wrightsville United Methodist Church ($55,600).

RecipientPurposeAmount
BOYS AND GIRLS CLUBS OF WAKE COUNTY RALEIGH, NCGENERAL SUPPORT$75,000
CLI PRISON ALLIANCE RALEIGH, NCRELIGIOUS$10,000
FELLOWSHIP OF CHRISTIAN ATHLETES RALEIGH, NCGENERAL SUPPORT$33,000
FOUNDATION OF HOPE RALEIGH, NCGENERAL SUPPORT$10,363
HOSPITALITY HOUSE OF NORTHWEST BOONE, NCGENERAL SUPPORT$10,000
INSTITUTE FOR FAITH AND FAMILY RALEIGH, NCGENERAL SUPPORT$30,000
NATIONAL CHRISTIAN FOUNDATION RALEIGH, NCTHE DANNY LOTZ SCHOLARSHIP FUND$40,000
PORT CITY COMMUNITY CHURCH WILMINGTON, NCGENERAL SUPPORT$30,000
RALEIGH RESCUE MISSION RALEIGH, NCCHARITABLE$100,000
SAMARITANS PURSE BOONE, NCWMM POST-RESIDENCY PROGRAM$20,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Sue M Turner – Board Chair
  • Tish Turner – Executive Director
  • Todd Turner – Treasurer
  • Jay G Loftin Jr – Trustee
  • George Turner – Trustee

All leadership members work approximately 0.5 hours per week and receive no compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SUE M TURNERBOARD CHAIR0.5
JAY G LOFTIN JRTRUSTEE0.5
TISH TURNEREXECUTIVE DIRECTOR0.5
TODD TURNERTREASURER0.5
GEORGE TURNERTRUSTEE0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Summer Rest Foundation fund?

The foundation does not have a publicly stated mission statement on file. However, based on its grantmaking activity, Summer Rest Foundation supports organizations in the following areas: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit support The foundation also administers specialized grant programs including the Danny Lotz Scholarship Fund, which focuses on youth education and scholarships.

How do I apply for a grant from Summer Rest Foundation?

**Grant Activity:** • 16-24 grants awarded annually (based on most recent filings) • Grant range: $2,000–$200,000 • Median grant amount: $24,262–$25,000 • Average grant amount varies by program **Grant Programs:** • General Support (average $24,262; 14 recipients) • Charitable grants (average $26,250; 5 recipients) • Scholarship program (average $3,562; 3 recipients) • The Danny Lotz Scholarship Fund (average $20,000; 1 recipient) • Educational grants (average $200,000; 1 recipient) **Applicati…

Where does Summer Rest Foundation make grants?

The foundation primarily funds organizations in North Carolina, Pennsylvania, and the District of Columbia.

What size grants does Summer Rest Foundation award?

In 2024, Summer Rest Foundation awarded 16 grants totaling $475K — an average of about $30K per grant, based on its IRS Form 990 filings.

How much is Summer Rest Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Summer Rest Foundation reported a distributable amount of $468K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Summer Rest Foundation's EIN?

Summer Rest Foundation's EIN (Employer Identification Number) is 56-6534008. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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